In the Board Meeting of Advani Hotels & Resorts (India) Limited held on July 25, 2022, Mr. Prahlad S. Advani (DIN: 06943762) has been re-appointed as a Whole Time Director and promoted to the Chief Executive Officer of the Company, subject to the approval of the Shareholders. Date of Appointment is August 1, 2022. Bachelor of Science in Hotel Administration from the prestigious Cornell University with Distinction in all subjects and a concentration in Financial Management and an alumnus of Harvard Business School and a member of the Young Presidents Organization (YPO).

Mr. Prahlad S. Advani over his 22-year tenure, has played a pivotal role in the Company and implemented various turnaround strategies and de-risking initiatives, which have led to the solid financial performance of the Company, as well as the numerous guest-satisfaction awards received by the Resort. His contributions are reflected in the Financial Summary Table in each Annual Report and visible throughout the Resoil It is pertinent to note that during the 1st wave of Covid-19 from March 2020 till October 2020, he led the Company through the most difficult phase in its history. He took timely measures to minimize the adverse effects of the Covid- 19 crisis on the Company and its Shareholders.